Traditional Wound Management Market

Traditional Wound Management Market by Applications (Acute Wounds [Burns and Surgical & Traumatic Wounds] and Chronic Wounds [Venous Leg Ulcers, Diabetic Foot Ulcers, Pressure Ulcers, and Other Chronic Wounds]), Products (Bandages, Gauze, Cotton, and Tape), End-users (Home Healthcare, Hospitals, Clinics, and Others), and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028

  • Report ID: HC-3726
  • Author: Growth Market Reports
  • Rating: 4.8
  • Total Reviews: 2
  • No. Of Pages: 169
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The global traditional wound management market size was valued at USD 5.77 billion in 2020 and is projected to reach USD 7.67 billion by 2028, expanding at a CAGR of 3.67% during the forecast period, 2021-2028. The growth of the market is attributed to the rising accident cases and increasing incidences of chronic diseases across the globe.

Traditional Wound Management Market key takeaways

Wound management is necessary for preventing infections and promoting patient well-being. It specifically relates to treatment options for pressure sores, skin ulcers, and other skin-breaching lesions. Wound treatment devices, advanced wound dressings, surgical wound care, and traditional wound care are the different types of wound management products. Untreated wound infection can be a potential hazard for both patients and healthcare personnel across the globe. Traditional wound dressing products are used most often as secondary or primary dressings to prevent the wound from contamination. This wound management technique helps in wound healing by controlling mechanical influences, protecting wound fluids, influencing collagen maturation, and preventing/managing infection. Traditional wound management is generally used for treating surgical wounds burns, and trauma.

The COVID-19 pandemic outbreak has a considerable impact on market growth. During the pandemic, wound management centers were not functional due to social distancing norms and lockdown implemented by government bodies worldwide. Additionally, postponed or canceled elective surgeries and disrupted workflow in healthcare systems hampered the market. However, the market is expected to recover an uptrend operation soon owing to subsiding the COVID cases significantly across the globe.

Market Trends, Drivers, Restraints, and Opportunities

  • Rising number of surgical procedures across the globe is one of the key factors driving the market growth.
  • Increasing road accidents, trauma events, and burn incidences is projected to boost the market during the forecast period.
  • Lack of awareness among people about hard to heal wounds especially in developing countries acts as a major challenge that can restrict the market growth in the coming years.
  • Emerging economies with declining rate of reimbursement policies for acute and chronic wound is expected to hamper the market growth during the projected timeline.
  • Escalating demand for outpatient service is anticipated to create significant growth opportunities for the market.

Scope of the Report

The report on the global traditional wound management market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
 

Attributes

Details

Report Title

Traditional Wound Management Market - Global Industry Analysis, Growth, Share, Size, Trends, And Forecast

Base Year

2020

Historic Data

2018–2019

Forecast Period

2021–2028

Segmentation

Applications (Acute Wounds [Burns and Surgical & Traumatic Wounds] and Chronic Wounds [Venous Leg Ulcers, Diabetic Foot Ulcers, Pressure Ulcers, and Other Chronic Wounds]), Products (Bandages, Gauze, Cotton, and Tape), and End-users (Home Healthcare, Hospitals, Clinics, and Others)

Regional Scope

Asia Pacific, North America, Latin America, Europe, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

Medline Industries, Inc.; Mölnlycke Health Care AB; PAUL HARTMANN AG; Medtronic Plc; B.Braun Melsungen AG; BSN Medical GmbH; Derma Sciences Inc.; Cardinal Health, Inc.; Smith & Nephew plc; and Johnson & Johnson Pvt. Ltd.

 

Market Segment Insights

Acute Wounds segment to grow at high CAGR

In terms of applications, the market is bifurcated into acute wounds and chronic wounds. The acute wounds is sub categorized as burns and surgical & traumatic wounds. The chronic wounds segment is further segmented into venous leg ulcers, diabetic foot ulcers, pressure ulcers, and other chronic wounds. The acute wounds segment is estimated to grow at high CAGR during the forecast period owing to the increasing cases of trauma and rising incidences of burn injuries. On the other hand, the chronic wounds segment is anticipated to register significant growth during the projected period attributed to the surging number of patients with chronic diseases, such as diabetes and rising geriatric population.

Rapid healing drives the gauze segment

Based on products, the global traditional wound management market is divided into bandages, gauze, cotton, and tape. The gauze segment is anticipated to expand at robust growth rate during the forecast period attributed to this bandages are made with breathable fabric, thin, versatile, and woven bandage, which can be directly applied on the wounds. Moreover, it keeps the wound clean and helps in rapid healing of the wound, which is driving the segment growth further. However, the tape segment is projected to expand a considerable CAGR during the forecast period owing to the tape is most used product while wound dressing coupled with rising cases of acute and chronic wounds.

Traditional Wound Management Market by products

Hospital segment to grow at rapid pace

On the basis of end-users, the market is fragmented into home healthcare, hospitals, clinics, and others. The hospitals segmented is expected to grow at a rapid pace during the forecast period owing to the increasing number of surgeries leading to surgical wounds. Furthermore, surging cases of venous leg ulcers and diabetic foot ulcers is driving the segment growth further. On the other hand, the home healthcare segment is expected to expand at a substantial growth rate in the coming years attributed to the boost in preference of bariatric and geriatric patients to home care.

North America to constitute a key market share

In terms of region, the global traditional wound management market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. North America is anticipated to constitute a key share of the market during the projected period owing to the increasing cases of road accidents, sports injuries, and rising incidences of chronic diseases in the region. However, the market of Asia Pacific is anticipated to grow at a rapid pace during the forecast period due to the increasing number of patients with chronic diseases, such as diabetes.

Traditional Wound Management Market by regions

Segments

Segments Covered in the Report
The global traditional wound management market has been segmented on the basis of

Applications

  • Acute Wounds
    • Burns
    • Surgical & Traumatic Wounds
  • Chronic Wounds
    • Venous Leg Ulcers
    • Diabetic Foot Ulcers
    • Pressure Ulcers
    • Other Chronic Wounds
Products
  • Bandages
  • Gauze
  • Cotton
  • Tape
End-users
  • Home Healthcare
  • Hospitals
  • Clinics
  • Others
Regions
  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa
Key Players
  • Medline Industries, Inc.
  • Mölnlycke Health Care AB
  • PAUL HARTMANN AG
  • Medtronic Plc
  • B.Braun Melsungen AG
  • BSN Medical GmbH
  • Derma Sciences Inc.
  • Cardinal Health, Inc.
  • Smith & Nephew plc
  • Johnson & Johnson Pvt. Ltd.

Competitive Landscape

Key players competing in the global traditional wound management market are Medline Industries, Inc.; Mölnlycke Health Care AB; PAUL HARTMANN AG; Medtronic Plc; B.Braun Melsungen AG; BSN Medical GmbH; Derma Sciences Inc.; Cardinal Health, Inc.; Smith & Nephew plc; and Johnson & Johnson Pvt. Ltd. Companies are focusing on providing advanced wound care products to maintain their competitive position in the market. Companies have been widely engaged in strategic partnership, merger & acquisition, new product launch, and collaborations to boost their market share and acquiring new buyers.

For instance, in February 2020, Integra LifeSciences Holdings Corporation, a US based medical device manufacturing company, announced a launch of AmnioExcel Plus Placental Allograft Membrane. It is a non-side specific allograft, next generation, tri-layer, and thicker membrane that consists of amnion-chorion-amnion layer, which helps in crafting surroundings for healing of complex wounds. In February 2016, Sundance Solutions, a market leader in developing innovative solutions was acquired by Mölnlycke Healthcare, a medical device company, for the prevention of pressure ulcers.

Traditional Wound Management Market by key players

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Traditional Wound Management Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Traditional Wound Management Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Traditional Wound Management Market - Supply Chain
  4.5. Global Traditional Wound Management Market Forecast
     4.5.1. Traditional Wound Management Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Traditional Wound Management Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Traditional Wound Management Market Absolute $ Opportunity
5. Global Traditional Wound Management Market Analysis and Forecast by End Users
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by End Users
     5.2.2. Y-o-Y Growth Projections by End Users
  5.3. Traditional Wound Management Market Size and Volume Forecast by End Users
     5.3.1. Home Healthcare
     5.3.2. Hospitals
     5.3.3. Clinics
     5.3.4. Others
     5.3.5.  
  5.4. Absolute $ Opportunity Assessment by End Users
  5.5. Market Attractiveness/Growth Potential Analysis by End Users
6. Global Traditional Wound Management Market Analysis and Forecast by Region
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Region
     6.2.2. Y-o-Y Growth Projections by Region
  6.3. Traditional Wound Management Market Size and Volume Forecast by Region
     6.3.1. North America
     6.3.2. Latin America
     6.3.3. Europe
     6.3.4. Asia Pacific
     6.3.5. Middle East and Africa (MEA)
  6.4. Absolute $ Opportunity Assessment by Region
  6.5. Market Attractiveness/Growth Potential Analysis by Region
  6.6. Global Traditional Wound Management Demand Share Forecast, 2019-2026
7. North America Traditional Wound Management Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
  7.2. North America Traditional Wound Management Market Size and Volume Forecast by Country
     7.2.1. U.S.
     7.2.2. Canada
  7.3. Absolute $ Opportunity Assessment by Country
  7.4. North America Traditional Wound Management Market Size and Volume Forecast by End Users
     7.4.1. Home Healthcare
     7.4.2. Hospitals
     7.4.3. Clinics
     7.4.4. Others
     7.4.5.  
  7.5. Basis Point Share (BPS) Analysis by End Users
  7.6. Y-o-Y Growth Projections by End Users
  7.7. Market Attractiveness/Growth Potential Analysis
     7.7.1. By Country
     7.7.2. By Product Type
     7.7.3. By Application
  7.8. North America Traditional Wound Management Demand Share Forecast, 2019-2026
8. Latin America Traditional Wound Management Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Latin America Average Pricing Analysis
  8.2. Latin America Traditional Wound Management Market Size and Volume Forecast by Country
      8.2.1. Brazil
      8.2.2. Mexico
      8.2.3. Rest of Latin America
   8.3. Absolute $ Opportunity Assessment by Country
  8.4. Latin America Traditional Wound Management Market Size and Volume Forecast by End Users
     8.4.1. Home Healthcare
     8.4.2. Hospitals
     8.4.3. Clinics
     8.4.4. Others
     8.4.5.  
  8.5. Basis Point Share (BPS) Analysis by End Users
  8.6. Y-o-Y Growth Projections by End Users
  8.7. Market Attractiveness/Growth Potential Analysis
     8.7.1. By Country
     8.7.2. By Product Type
     8.7.3. By Application
  8.8. Latin America Traditional Wound Management Demand Share Forecast, 2019-2026
9. Europe Traditional Wound Management Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Europe Average Pricing Analysis
  9.2. Europe Traditional Wound Management Market Size and Volume Forecast by Country
     9.2.1. Germany
     9.2.2. France
     9.2.3. Italy
     9.2.4. U.K.
     9.2.5. Spain
     9.2.6. Russia
     9.2.7. Rest of Europe
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Europe Traditional Wound Management Market Size and Volume Forecast by End Users
     9.4.1. Home Healthcare
     9.4.2. Hospitals
     9.4.3. Clinics
     9.4.4. Others
     9.4.5.  
  9.5. Basis Point Share (BPS) Analysis by End Users
  9.6. Y-o-Y Growth Projections by End Users
  9.7. Market Attractiveness/Growth Potential Analysis
     9.7.1. By Country
     9.7.2. By Product Type
     9.7.3. By Application
  9.8. Europe Traditional Wound Management Demand Share Forecast, 2019-2026
10. Asia Pacific Traditional Wound Management Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Asia Pacific Average Pricing Analysis
  10.2. Asia Pacific Traditional Wound Management Market Size and Volume Forecast by Country
     10.2.1. China
     10.2.2. Japan
     10.2.3. South Korea
     10.2.4. India
     10.2.5. Australia
     10.2.6. Rest of Asia Pacific (APAC)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Asia Pacific Traditional Wound Management Market Size and Volume Forecast by End Users
     10.4.1. Home Healthcare
     10.4.2. Hospitals
     10.4.3. Clinics
     10.4.4. Others
     10.4.5.  
  10.5. Basis Point Share (BPS) Analysis by End Users
  10.6. Y-o-Y Growth Projections by End Users
  10.7. Market Attractiveness/Growth Potential Analysis
     10.7.1. By Country
     10.7.2. By Product Type
     10.7.3. By Application
  10.8. Asia Pacific Traditional Wound Management Demand Share Forecast, 2019-2026
11. Middle East & Africa Traditional Wound Management Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Middle East & Africa Average Pricing Analysis
  11.2. Middle East & Africa Traditional Wound Management Market Size and Volume Forecast by Country
     11.2.1. Saudi Arabia
     11.2.2. South Africa
     11.2.3. UAE
     11.2.4. Rest of Middle East & Africa (MEA)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Middle East & Africa Traditional Wound Management Market Size and Volume Forecast by End Users
     11.4.1. Home Healthcare
     11.4.2. Hospitals
     11.4.3. Clinics
     11.4.4. Others
     11.4.5.  
  11.5. Basis Point Share (BPS) Analysis by End Users
  11.6. Y-o-Y Growth Projections by End Users
  11.7. Market Attractiveness/Growth Potential Analysis
     11.7.1. By Country
     11.7.2. By Product Type
     11.7.3. By Application
  11.8. Middle East & Africa Traditional Wound Management Demand Share Forecast, 2019-2026
12. Competition Landscape
  12.1. Global Traditional Wound Management Market: Market Share Analysis
  12.2. Traditional Wound Management Distributors and Customers
  12.3. Traditional Wound Management Market: Competitive Dashboard
  12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     12.4.1. Medline Industries, Inc.
     12.4.2. Mölnlycke Health Care AB
     12.4.3. PAUL HARTMANN AG
     12.4.4. Medtronic Plc
     12.4.5. B.Braun Melsungen AG
     12.4.6. BSN Medical GmbH
     12.4.7. Derma Sciences Inc.

Segments Covered in the Report
The global traditional wound management market has been segmented on the basis of

Applications

  • Acute Wounds
    • Burns
    • Surgical & Traumatic Wounds
  • Chronic Wounds
    • Venous Leg Ulcers
    • Diabetic Foot Ulcers
    • Pressure Ulcers
    • Other Chronic Wounds
Products
  • Bandages
  • Gauze
  • Cotton
  • Tape
End-users
  • Home Healthcare
  • Hospitals
  • Clinics
  • Others
Regions
  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa
Key Players
  • Medline Industries, Inc.
  • Mölnlycke Health Care AB
  • PAUL HARTMANN AG
  • Medtronic Plc
  • B.Braun Melsungen AG
  • BSN Medical GmbH
  • Derma Sciences Inc.
  • Cardinal Health, Inc.
  • Smith & Nephew plc
  • Johnson & Johnson Pvt. Ltd.

Key players competing in the global traditional wound management market are Medline Industries, Inc.; Mölnlycke Health Care AB; PAUL HARTMANN AG; Medtronic Plc; B.Braun Melsungen AG; BSN Medical GmbH; Derma Sciences Inc.; Cardinal Health, Inc.; Smith & Nephew plc; and Johnson & Johnson Pvt. Ltd. Companies are focusing on providing advanced wound care products to maintain their competitive position in the market. Companies have been widely engaged in strategic partnership, merger & acquisition, new product launch, and collaborations to boost their market share and acquiring new buyers.

For instance, in February 2020, Integra LifeSciences Holdings Corporation, a US based medical device manufacturing company, announced a launch of AmnioExcel Plus Placental Allograft Membrane. It is a non-side specific allograft, next generation, tri-layer, and thicker membrane that consists of amnion-chorion-amnion layer, which helps in crafting surroundings for healing of complex wounds. In February 2016, Sundance Solutions, a market leader in developing innovative solutions was acquired by Mölnlycke Healthcare, a medical device company, for the prevention of pressure ulcers.

Traditional Wound Management Market by key players

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